For each of the following income statement line items, state whether the item is a by nature

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For each of the following income statement line items, state whether the item is a “by nature" expense item or a “by function” expense item.
_______ Cost of goods sold
_______ Depreciation expense
_______ Salaries and wages expense
_______ Selling expenses
_______ Utilities expense
_______ Delivery expense
_______ General and administrative expenses

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Accounting Principles

ISBN: 9781118566671

11th Edition

Authors: Jerry Weygandt, Paul Kimmel, Donald Kieso

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